FRIEDENS, Pa., June 16,
2022 /CNW/ - Corsa Coal Corp. (TSXV: CSO) (OTCQX:
CRSXF) ("Corsa" or the "Company") today announced the results of
its annual and special meeting of shareholders held earlier today
(the "Meeting").
At the Meeting, the following five nominees were re-appointed as
directors of the Company (the "Board") to hold office until the
close of the next annual meeting of the Company's shareholders:
John H. Craig, Alan M. De'Ath, Robert
Scott, Ronald G. Stovash and
Robert C. Sturdivant. Coulter &
Justus, P.C. was re-appointed as auditors of the Company.
Shareholders also approved and ratified the Company's third amended
and restated stock option plan (the "Option Plan"), in accordance
with the requirements of the policies of the TSX Venture Exchange,
and ratified the Company's shareholder rights plan dated
December 17, 2021, which now remains
in effect until the date on which the Company's annual meeting of
shareholders is held in 2025, unless terminated sooner in
accordance with its terms. The Company's management
information circular containing additional details surrounding the
items of business at the Meeting is available under the Company's
profile on SEDAR at www.sedar.com.
Information about Corsa
Corsa is a coal mining company focused on the production and
sales of metallurgical coal, an essential ingredient in the
production of steel. Our core business is producing and selling
metallurgical coal to domestic and international steel and coke
producers in the Atlantic and Pacific basin markets.
The TSX Venture Exchange has in no way passed on the
merits of this news release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Corsa Coal Corp.